Banking and finance news
Donations to associations: tax reduction increased to 75% until 2026 French MPs have approved an amendment to the Finance Bill, increasing the tax reduction granted for donations to organizations that help the underprivileged.
Banque de France revises its growth forecast for late 2023 Gross domestic product (GDP) is set to rise by 0.2% in the final quarter of 2023, according to Banque de France forecasts.
Energy: support measures proposed for professionals in 2024 Bruno Le Maire, French Minister for the Economy, Finance, Industrial and Digital Sovereignty, announced on November 30 the energy support measures proposed for professionals in 2024.
Updated energy checklist, essential support for companies The Energy Crisis Committee offers business leaders a checklist, which has just been updated, to help them make the right decisions when it comes to...
The "Osez l'export" (Dare to export) plan to support French companies in their quest for international success The French government has unveiled a brand new plan to support French companies in their quest for international success.
Variation in commercial lease rents frozen at 3.5% year-on-year While inflation remains high, the 3.5% rent increase freeze for households and SMEs has been extended...
Declining access to credit for VSEs: SDI proposes 3 solutions to reverse the situation Households are not the only ones having difficulty financing their projects. The bank credit acceptance rate for very small businesses has been falling since last year.
Payment terms for SMEs continue to fall The latest report from the Observatoire des délais de paiement shows that, in 2022, payment times have started to fall again, despite supply tensions and the return of...
Cash flow difficulties for very small businesses Against a backdrop of high inflation, the cash position of very small businesses continues to deteriorate. Nevertheless, managers remain optimistic.
Mergers & Acquisitions: SME purchase prices on the decline Against a backdrop of inflation and rising interest rates, the price of SMEs in the eurozone has fallen sharply.
The "guichet d'aide au paiement des factures de gaz et d'électricité de mars et avril" is open until August 31. The "guichet d'aide au paiement des factures d'énergie" for the submission of applications for the months of March and April is now open.
Bank financing for SMEs slows down According to the banks, SMEs will use less and less bank financing in 2023.
Building: ways to contain the rise in construction prices Construction prices remain high, mainly due to inflation in materials prices.
Electricity buffer and tariff shield: submission of eligibility certificate postponed Businesses eligible for the electricity buffer or the tariff shield have until June 30, 2023 to send their supplier a certificate of eligibility for one of these two...
Construction companies: how to stand out from the competition in 2023? Construction companies have a bright future ahead of them, but they need to know how to make the most of it and attract customers.
Purchasing pooling on the rise in the corporate sector Faced with rising prices, more and more companies are turning to pooled purchasing.
Overseas SMEs have been facing difficulties for the past 2 years Overseas SMEs are suffering from their remoteness, and have seen their cash flow impacted by various crises since the end of 2020.
How the war in Ukraine transformed the European energy market Since the start of the Russian-Ukrainian war a year ago, the European energy market has undergone major upheavals.
Construction: production costs stabilize at a high level Despite some stabilization, production costs remain high in the construction industry, and are set to remain so in 2023.
Alternatives to the annual corporate budget Companies are trying to adapt to fast-changing markets by using alternative methods to the traditional annual budget.
Eurozone: growth forecasts revised upwards Economists are beginning to revise their growth forecasts for the eurozone upwards, allaying fears of recession.
Purchasing managers, essential links in the midst of the supply crisis In a context marked by inflation, shortages and the energy crisis, buyers play a crucial role for companies.
French inflation slows to 5.9% in December Inflation slowed slightly in France last month, coming in at 5.9% year-on-year, compared with 6.2% in November.
Corporate profit margins eroded by inflation Corporate profit margins are down slightly on 2021, when they reached 34% of value added.
Dollar: markets worried about a crash in 2023 While 2022 was an exceptional year for the dollar, the world's leading currency is set for trouble in 2023.
Eurozone inflation nearing peak? While inflation seems to have peaked in the United States, what's the situation in the eurozone countries?
New acceleration in inflation threatens business activity Inflation is back on course, after slowing for 3 months. Estimated at 6.2% in October, it represents a threat to growth.
ECB: towards a probable 75 basis point rate hike The likelihood of an ECB rate hike of 75 basis points as early as September 8 is growing.
Banks: back-to-school hot topics The back-to-school season promises to be a busy one for banks, who face a number of challenges in a turbulent environment.
Inflation: banks must resume wage talks With inflation rising rapidly, banks have no choice but to resume pay talks as soon as possible.